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Spot ether ETFs are set to trade Tuesday. Here’s what it means for the Ethereum blockchain
Spot ether exchange traded funds are set to begin trading on Tuesday. Crypto enthusiasts are hopeful it will broaden the investor base for Ethereum, a blockchain technology many argue has a far wider use case than bitcoin. These ETFs will invest directly in ether, which is the cryptocurrency used in the Ethereum network. There are already ether ETFs that track futures contracts, but these are the first to track spot ether. Spot ether ETF applications • Grayscale Ethereum Mini Trust (ETH) • Grayscale Ethereum Trust (ETHE) • Bitwise Ethereum (ETHW) • VanEck Ethereum (ETHV) • 21Shares Core Ethereum (CETH) • ... (full story)
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- Posted: Jul 23, 2024 8:31am
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 194
